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Clarcor (Clarcor) Goodwill : $503 Mil (As of Nov. 2016)


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What is Clarcor Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Clarcor's goodwill for the quarter that ended in Nov. 2016 was $503 Mil.


Clarcor Goodwill Historical Data

The historical data trend for Clarcor's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Clarcor Goodwill Chart

Clarcor Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 241.92 241.30 507.17 506.27 502.91

Clarcor Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 506.27 504.76 511.48 506.24 502.91

Clarcor Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Clarcor  (NYSE:CLC) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Clarcor's Goodwill-to-Asset Ratio for the fiscal year that ended in Nov. 2016 is calculated as

Goodwill-to-Asset (A: Nov. 2016 )=Goodwill/Total Assets
=502.91/1739.092
=0.29

Clarcor's Goodwill-to-Asset Ratio for the quarter that ended in Nov. 2016 is calculated as

Goodwill-to-Asset (Q: Nov. 2016 )=Goodwill/Total Assets
=502.91/1739.092
=0.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Clarcor Goodwill Related Terms

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Clarcor (Clarcor) Business Description

Traded in Other Exchanges
N/A
Address
Clarcor Inc was organized in 1904 as an Illinois corporation and in 1969 was reincorporated in the State of Delaware. The Company conducts business in three main industry segments: Engine/ Mobile Filtration; Industrial/ Environmental Filtration; and Packaging. The Company's Engine/Mobile Filtration segment manufactures and sells filtration products for engines used in stationary power generation and for engines in mobile equipment applications, including trucks, automobiles, buses and locomotives, and marine, construction, industrial, mining and agricultural equipment. The products in the Engine/Mobile Filtration segment include oil, air, fuel, coolant, transmission and hydraulic fluid filters which are used in a variety of applications and in processes where filter efficiency, capacity and reliability are essential. The Company's Industrial/Environmental Filtration segment includes liquid process filtration products and air filtration products and systems used to maintain high interior air quality and to control exterior pollution. The segment's liquid process filtration products include specialty industrial process liquid filters; filters for pharmaceutical processes and beverages; filtration systems, filters and coalescers for the oil and natural gas industry; filtration systems for aircraft refueling, anti-pollution, sewage treatment and water recycling; bilge water separators; sand control filters for oil and gas drilling; and woven wire and metallic products for filtration of plastics and polymer fibers. These filters use a variety of string wound, meltblown, porous and sintered and non-sintered metal media, woven wire and absorbent media. The segment's air filtration products represent air filters and cleaners, including antimicrobial treated filters and high efficiency electronic air cleaners. These products are used in commercial buildings, hospitals, factories, residential buildings, residences, paint spray booths, gas turbine systems, medical facilities, motor vehicle cabins, aircraft cabins, clean rooms, compressors and dust collector systems. The Company's Packaging segment is conducted by a wholly-owned subsidiary, J.L. Clark, Inc. Products in both the Engine/Mobile Filtration and Industrial/Environmental Filtration segments are sold through a combination of independent distributors, dealers for original equipment manufacturers, retail stores and directly to end-use customers such as truck and equipment fleet users, manufacturing companies and contractors. The primary raw materials the Company uses to manufacture and package its products include various types of steel, adhesives, petrochemical-based materials, wood based products and filter medias made from materials such as wood pulps, metals, polyester, polypropylene, fiberglass and other synthetic fibers. Products in both the Engine/Mobile Filtration and Industrial/Environmental Filtration segments are sold through a combination of independent distributors, OEMs
Executives
Nelda J Connors director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Philip R Lochner director 699 LAKE AVENUE, GREENWICH CT 06830
Thomas Giacomini director C/O JOHN BEAN TECHNOLOGIES CORPORATION, 70 WEST MADISON SUITE 4400, CHICAGO IL 60602
Robert J Burgstahler director
Wesley M Clark director 840 CRESCENT CENTRE DRIVE, #600, CLARCOR INC., FRANKLIN TN 37067
Richard M Wolfson officer: VP, General Counsel 2918 FIFTH AVENUE SOUTH, SUITE 209, SAN DIEGO CA 92103
James W Bradford director GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
Robert H Jenkins director PO BOX 7003, ROCKFORD IL 61125-7003
Paul Donovan director PO BOX 7003, ROCKFORD IL 61125-7003
Mark A Emkes director 425 WINTER ROAD, DELAWARE OH 43015
James L Packard director 200 STATE STREET, BELOIT WI 53511
Christopher Conway officer: President and CEO C/O CLARCOR, 840 CRESCENT CENTRE DR SUITE 600, FRANKLIN TN 37064
David Joseph Fallon officer: VP-Chief Financial Officer 28213 VAN DYKE AVENUE, WARREN MI 48093
Norman E Johnson director, other: Executive Chairman 501 SEVENTH STREET, P O BOX 1537, ROCKFORD IL 61110-0037
Arthur B Laffer director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201

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